Author: News Room

Solana price fell to $230 on Wednesday, down 8% from its 3-year peak of $248 recorded on Monday. Market demand for Solana dipped 52% in the last 72 hours, dropping from 9.9 billion to 6.7 billion SOL. In the derivatives markets, funding rates declined 50%, while open interest rose $630 million, signaling an influx of short positions. Solana price has succumbed to a 7% dip after rejecting the $250 resistance on Monday. Negative shifts in vital trading indicators suggest bears could delay the all-time high breakout target. Solana retraces toward $230, after failed all-time high breakout attempt On November 14,…

Boeing’s CEO Kelly Ortberg has a message for his staff: Stop fighting and get to work.Ortberg urged employees to “focus on the task at hand” instead of squabbling.The CEO also spoke with President-elect Donald Trump about the impact of his potential tariffs.Boeing’s CEO Kelly Ortberg has a stern warning for his staff — stop squabbling and get to work.The Wall Street Journal obtained and verified a recording of Ortberg’s remarks at Boeing’s hourlong town hall meeting on Wednesday.”We spend more time arguing amongst ourselves than thinking about how we’re going to beat Airbus,” he said at the all-hands meeting, The…

Elon Musk says he really enjoys spending time with President-elect Donald Trump.But the Tesla and SpaceX CEO said he’s had little input on Trump’s Cabinet picks.Musk said the “decisions are 100% that of the President.”Elon Musk says he’s had little input on President-elect Donald Trump’s cabinet picks.”To be clear, while I have offered my opinion on some cabinet candidates, many selections occur without my knowledge and decisions are 100% that of the President,” Musk wrote in an X post on Wednesday.The Tesla and SpaceX CEO was responding to a November 20 story by the New York Post on his relationship…

LONDON (Reuters) -Britain borrowed more than expected in October, according to official data that showed the scale of the challenge facing finance minister Rachel Reeves who says she will fix the public finances as well as increase spending sharply. In October alone, public sector net borrowing stood at 17.4 billion pounds ($22.0 billion), the Office for National Statistics said on Thursday. That was higher than a median forecast of 12.3 billion pounds in a Reuters poll of economists. It was the second-biggest October borrowing total since records began in 1993. In the first seven months of the tax year, borrowing…

By Krishna N. Das and Munsif Vengattil NEW DELHI (Reuters) – Indian billionaire Gautam Adani, indicted in New York over a $265 million bribery scheme, is a first-generation tycoon whose phenomenal rise has been accompanied by a series of damaging controversies at home and abroad. Asia’s second-richest person, who narrowly escaped death in 2008 as one of many people stuck inside Mumbai’s Taj Mahal Palace Hotel when gunmen went on a killing spree, faces a U.S. arrest warrant and criminal penalties over the fraud and bribery charges. Adani’s businesses, ranging from power and ports to sugar and soybeans, lost more…

GBP/JPY may depreciate further as daily chart analysis suggests a bearish bias. The nine-day EMA sits below the 14-day EMA, signaling continued weakness in short-term price momentum. The immediate support appears at the lower boundary of the descending channel at 193.50 level. The GBP/JPY cross pares its recent gains, trading around 195.80 during the early European hours on Thursday. The daily chart analysis indicates that the pair is positioned within the descending channel pattern, suggesting a bearish bias. The 14-day Relative Strength Index (RSI) is slightly below the 50 level, confirming bearish momentum. Additionally, the nine-day Exponential Moving Average (EMA)…

Ever thought a banana could sell for millions? That’s exactly what happened when Maurizio Cattelan’s Comedian, a duct taped banana to a wall, fetched $6.2 million at auction. At the same time, René Magritte’s surreal masterpiece, The Empire of Light, broke records with a $121.2 million sale. These two pieces couldn’t be more different, yet both grabbed the world’s attention. How a Banana Made History Cattelan’s Comedian is probably one of the most talked-about pieces of modern art. First shown in 2019, it’s literally a duct taped banana to the wall. The simplicity—or absurdity—of the idea sparked debates about what…

Jimmy Lai was the chief of the now-defunct Hong Kong tabloid Apple Daily.Now 77, he’s facing a life sentence in a national security trial in Hong Kong.He was arrested in August 2020 after the intense anti-China government protests of 2019.Jimmy Lai, once one of Hong Kong’s most outspoken media tycoons, has been silent for more than four years since his arrest in 2020.But on Wednesday, Lai was seen in a Hong Kong courtroom, where he spoke in his own defense in a national security trial that could well end in him being sent to prison for life.Lai was charged under…

Lauren Sánchez, 54, says she never expected to have so much to look forward to in life after turning 50.”When I was 20, I thought, ‘Oh my gosh, life is over at 50,'” she said on the “Today” show.Apart from her wedding to Jeff Bezos, Sánchez also has a space flight to look forward to.These days, Lauren Sánchez, 54, thinks that growing older is a gift.During a “Today” show interview on Wednesday, Sánchez told hosts Hoda Kotb and Savannah Guthrie that she never thought she would have so much to look forward to at this point in her life.”I never…

(Reuters) – Federal Reserve Bank of New York President John Williams sees inflation cooling and interest rates falling further, he told Barron’s in an interview published on Thursday. Two percent is the inflation rate that can best balance the central bank’s employment and price stability goals, Williams told Barron’s.